Price for Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Ghana - 2022
Contents:
- Price for Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Ghana (CIF) - 2022
- Imports of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Ghana
Price for Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Ghana (CIF) - 2022
In 2022, the average import price for alcohols; aromatic alcohols and derivatives, benzyl alcohol amounted to $3,540 per ton, approximately mirroring the previous year. Over the period under review, the import price showed a tangible expansion. The growth pace was the most rapid in 2018 when the average import price increased by 95%. As a result, import price attained the peak level of $8,722 per ton. From 2019 to 2022, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($13,790 per ton), while the price for India ($3,728 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+6.1%), while the prices for the other major suppliers experienced a decline.
Imports of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Ghana
In 2022, supplies from abroad of alcohols; aromatic alcohols and derivatives, benzyl alcohol decreased by -17.2% to 10 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +6.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +20.9% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 43%. As a result, imports reached the peak of 12 tons, and then shrank sharply in the following year.
In value terms, imports of alcohols; aromatic alcohols and derivatives, benzyl alcohol reduced sharply to $35K in 2022. Overall, imports recorded a mild shrinkage. The growth pace was the most rapid in 2021 when imports increased by 51% against the previous year. As a result, imports reached the peak of $43K, and then reduced notably in the following year.
Import of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Ghana (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 6.0 | 12.9 | 20.9 | 15.7 | 37.8% |
Brazil | N/A | N/A | N/A | 3.5 | 0% |
India | 0.4 | 0.7 | 0.8 | 0.7 | 20.5% |
Belgium | 5.7 | N/A | N/A | N/A | 0% |
United Arab Emirates | N/A | 1.9 | N/A | N/A | 0% |
Others | 24.9 | 12.9 | 20.9 | 15.7 | -14.3% |
Total | 37.0 | 28.3 | 42.7 | 35.5 | -1.4% |
Top Suppliers of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol to Ghana in 2022:
- Germany (1.1 tons)
- Brazil (0.8 tons)
- India (0.2 tons)
This report provides an in-depth analysis of the aromatic alcohols market in Ghana.
This report provides an in-depth analysis of the alcohols market in Ghana.
This report provides an in-depth analysis of the global aromatic alcohols market.
This report provides an in-depth analysis of the global alcohols market.
This report provides an in-depth analysis of the aromatic alcohols market in Ghana.
This report provides an in-depth analysis of the global aromatic alcohols market.
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